GOLD & CRUDE OIL TALKING POINTS: Gold prices mark time despite US Dollar, Treasury yield pullback Modest crude oil price bounce leaves bearish technical cues intact US PPI, EIA short-term outlook report, API inventories data due Gold prices marked time yesterday despite a parallel pullback in the US Dollar and Treasury bond yields, which might …
TALKING POINTS – US DOLLAR, PPI, FED, BRITISH POUND, BREXIT US Dollar rally may resume as Fed rate hike bets firm after inflation data PPI statistics might set the tone, higher-profile CPI report due Thursday British Pound could rise as EU’s Barnier stokes hopes for Brexit accord The US Dollar pulled back alongside the anti-risk …
Sterling (GBP) Price and Brexit News. Positive Brexit news drives Sterling higher. GBP needs Brexit confirmation before Sterling can really push ahead. The DailyFX Q4GBP Forecast is available to download. Late Tuesday a report circulated that the EU and UK were close to agreeing a Brexit deal, causing Sterling to pop higher against a range …
GBPUSD price, news and analysis: Mixed UK data for August have failed to move the British Pound or London stocks very far. For traders in UK assets, Brexit continues to dominate trading and will likely determine their future direction. Check out the IG Client Sentiment data to help you trade profitably. UK economy little changed …
EUR price, news and analysis: Worries about the Italian budget continue to put downward pressure on the Euro. A recovery is therefore unlikely near term. Check out the IG Client Sentiment data to help you trade profitably. Euro dominated by Italy budget concerns The Euro continues to be weighed down by the continuing budget row …
Bitcoin, Ethereum, Ripple: Prices, Charts and Analysis Tight trading ranges and skinny turnover. Crypto-exchanges under pressure in low volatility market. Coinfloor Lays off Staff The oldest UK cryptocurrency exchange Coinfloor announced this week that due to low market volume that they were laying off staff, following on from rumours – later denied – that Kraken …
Forex Talking Points: – The US Dollar is showing mean-reversion tendencies near resistance, and the Euro has pulled-back from the sell-off that punctuated this week’s open as we approach tomorrow’s release of September inflation numbers out of the United States. The expectation is for a 2.4% print, so the bar is set very low considering …